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Announcing the successful completion of our bond exchange exercise

Globalworth is pleased to share the successful refinancing of its €550 mil. 2025 Notes, of which €450 mil. were outstanding, and €400 mil. 2026 Notes, of which €400 mil. were outstanding, with 6.25% Notes for an amount of €307.10 mil. and 6.25% Notes for an amount of €333.35 mil.

The New Notes were issued as Green Bonds and are intended to be used to finance or refinance Eligible Green Projects pursuant to the Company’s Green Financing Framework.

The Refinancing will result in significant benefits for Globalworth including an improved debt maturity profile, by introducing maturities in 2029 and 2030 for the New Notes, respectively, and cancellation in full of the Existing Notes, which in turn will provide significant flexibility to execute our strategy, and affirmation of the Company’s credit rating at BB+ and BBB- by S&P and Fitch respectively following announcement of the Refinancing.

Dennis Selinas, Chief Executive Officer of Globalworth commented: “I am very pleased to announce that we have successfully completed our Refinancing, showcasing strong support for the Company from both the 2025 Notes and 2026 Notes holders, who participated at levels above 84% and 86%, respectively, in the Exchange Offer. We believe these high levels of participation are a testament to their confidence in the team, strategy, portfolio, and growth trajectory of the Company. Our new capital structure provides us with financial stability and allows us to focus on our existing portfolio as well as future investment activity to drive shareholder value. We thank all of our stakeholders for their commitment to our continued future success.”